HSAs are tax-exempt custodial accounts designed for high deductible health plans and established exclusively for the purpose of paying qualified medical expenses for you and your family while earning a competitive interest rate.
- Interest rates are tied to a tiered rate schedule
- Monthly mailed statement or eStatement
- Checks issued to the account holder for a nominal fee to be used for qualifying medical expenses
- Check writing privileges & pre-authorized withdrawals
- Debit card access³
- Contributions can be made at any time during the tax calendar year
³ Fees and limits may apply.